US · FIBK
First Interstate BancSystem, Inc.
- Sector
- Financial Services · Banks - Regional
- Headquarters
- Billings, MT 59116-0918
- Website
- fibk.com
Price · as of 2025-12-31
$35.45
Market cap 3.56B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $19.75 | -44.29% |
| Intrinsic Value(DCF) | $31.80 | -10.3% |
| Graham-Dodd Method(GD) | $8.39 | -76.33% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $7.93 | $27.18 | $28.83 | $11.00 | $3.29 |
| 2012 | $10.98 | $35.34 | $48.71 | $9.62 | $12.23 |
| 2013 | $16.05 | $43.10 | $49.83 | $17.90 | $6.62 |
| 2014 | $16.91 | $36.44 | $48.47 | $15.60 | $20.09 |
| 2015 | $18.05 | $35.75 | $46.08 | $14.07 | $27.75 |
| 2016 | $27.53 | $35.20 | $46.68 | $14.77 | $30.64 |
| 2017 | $27.83 | $31.11 | $53.05 | $15.29 | $58.43 |
| 2018 | $28.39 | $33.60 | $67.50 | $17.08 | $69.75 |
| 2019 | $22.93 | $25.98 | $76.99 | $17.43 | $60.66 |
| 2020 | $38.35 | $22.33 | $75.11 | $3.38 | $14.76 |
| 2021 | $30.61 | $20.68 | $97.57 | $13.00 | $14.60 |
| 2022 | $26.03 | $47.41 | $566.38 | $2.44 | $166.86 |
| 2023 | $23.50 | $40.62 | $1,266.42 | $4.70 | $68.56 |
| 2024 | $27.24 | $32.39 | $145.14 | $3.83 | $25.82 |
| 2025 | $35.18 | $19.75 | $29.81 | $8.39 | $0.00 |
AI valuation
Our deep-learning model estimates First Interstate BancSystem, Inc.'s (FIBK) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $19.75
- Current price
- $35.45
- AI upside
- -44.29%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$31.80
-10.3% upside
Graham-Dodd
$8.39
-76.33% upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| FIBK | First Interstate BancSyst… | $35.45 | 3.56B | -44% | -10% | -76% | — | 11.94 | 1.05 | 3.41 | -9.20 | 34.88 | 1.59 | 97.47% | 37.01% | 28.55% | 8.95% | 62.64% | 1.08% | 0.23 | — | 0.66 | 0.66 | 1.07 | 3425.00% | -2852.00% | 431.00% | 9.60% | 0.03 | 71.80% | 5.38% | 64.30% | 38.49% | -9.20 | -10.41 | -3.41 | 0.06 |
| ASB | Associated Banc-Corp | $26.41 | 4.38B | +11% | +9,936% | -14% | +164% | 9.29 | 0.88 | 1.78 | 4.47 | 3.26 | 1.14 | 58.29% | 23.50% | 19.31% | 9.86% | 17.69% | 1.07% | 0.84 | 0.59 | 0.30 | 0.30 | 6.22 | 28472.00% | 1683.00% | 924.00% | 13.33% | 0.03 | 21.79% | 3.81% | 35.40% | 4.47% | 4.47 | 4.42 | 1.05 | -0.12 |
| BMA | Banco Macro S.A. | $77.18 | 4.93B | +9,876% | +162% | -7% | — | 24.61 | 1.36 | 1.75 | — | — | -0.04 | 100.00% | 61.18% | 7.11% | 0.01% | 0.08% | 0.00% | 286.47 | — | — | — | — | -9994.00% | -9996.00% | -10000.00% | 0.00% | — | 0.00% | 0.00% | 0.00% | 0.00% | 604.91 | — | 370.08 | 0.00 |
| CATY | Cathay General Bancorp | $49.71 | 3.38B | -34% | -18% | -32% | +12% | 10.94 | 1.10 | 2.25 | 4.92 | — | 1.27 | 49.78% | 22.83% | 20.56% | 10.25% | 24.08% | 1.24% | 0.08 | 0.48 | 0.09 | 0.09 | 0.21 | -1872.00% | 611.00% | -1464.00% | 10.41% | 0.02 | 27.40% | 3.13% | 34.30% | 20.72% | 5.18 | 5.05 | 1.18 | -0.57 |
| FBP | First BanCorp. | $21.13 | 3.34B | +147% | +21% | -56% | +21% | 9.92 | 1.78 | 2.49 | -5.28 | 169.70 | 1.83 | 70.74% | 32.80% | 25.04% | 18.87% | -8.27% | 1.56% | 0.34 | 1.36 | 0.34 | 0.34 | -1.43 | 585.00% | 616.00% | 1580.00% | 13.30% | 0.02 | -10.91% | 3.56% | 35.30% | 27.14% | -5.62 | -5.58 | -1.84 | -0.33 |
| FULT | Fulton Financial Corporat… | $20.45 | 3.68B | +85% | -6% | -11% | +35% | 9.78 | 1.10 | 2.02 | 7.45 | 30.10 | 1.33 | 67.42% | 25.68% | 20.71% | 11.71% | 15.02% | 1.22% | 0.37 | 0.84 | 0.05 | 0.05 | 1.94 | 3248.00% | 503.00% | -2400.00% | 7.43% | 0.01 | 10.91% | 3.69% | 36.10% | 5.41% | 8.12 | 13.87 | 2.09 | -0.76 |
| INDB | Independent Bank Corp. | $78.07 | 3.87B | -51% | +39% | -50% | +44% | 19.27 | 1.11 | 3.39 | 14.85 | — | 1.69 | 67.93% | 22.87% | 17.57% | 6.25% | 5.58% | 0.93% | 0.23 | 0.85 | 0.02 | 0.02 | 1.95 | -155.00% | 1982.00% | -3403.00% | 3.50% | 0.01 | 3.69% | 2.63% | 50.70% | 2.63% | 17.04 | 32.91 | 3.90 | -0.22 |
| RNST | Renasant Corporation | $37.65 | 3.58B | -32% | +73% | -17% | +88% | 10.27 | 0.75 | 1.93 | 2.25 | 38.39 | 1.25 | 62.92% | 23.60% | 18.83% | 7.86% | 15.01% | 1.10% | 0.20 | 0.65 | 0.14 | 0.14 | -2.00 | 2674.00% | 1410.00% | -878.00% | 5.77% | 0.01 | 8.89% | 2.68% | 27.50% | 27.04% | 2.54 | 5.38 | 0.60 | -0.58 |
| WBS | Webster Financial Corpora… | $72.13 | 11.63B | -51% | -9% | -37% | +22% | 11.41 | 1.21 | 2.59 | -2.06 | 32.38 | 1.82 | 60.80% | 28.49% | 22.67% | 10.77% | 34.14% | 1.23% | 0.45 | 0.83 | 0.41 | 0.41 | 3.13 | 3524.00% | 613.00% | -3839.00% | 7.37% | 0.02 | 28.70% | 2.33% | 26.60% | 7.52% | -2.06 | -3.07 | -0.59 | -0.18 |
| WSBC | WesBanco, Inc. | $34.87 | 3.35B | -13% | +150% | -55% | +55% | 12.87 | 0.70 | 2.06 | 13.18 | — | 1.17 | 61.31% | 19.53% | 15.99% | 5.69% | 6.11% | 0.83% | 0.53 | 0.53 | 0.06 | 0.06 | 4.51 | -996.00% | 1488.00% | 3668.00% | 10.29% | 0.01 | 8.09% | 5.00% | 64.40% | 17.12% | 14.26 | 13.16 | 2.79 | -0.62 |
About First Interstate BancSystem, Inc.
First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.
- CEO
- James A. Reuter
- Employees
- 3.48K
- Beta
- 0.75
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($31.80 ÷ $35.45) − 1 = -10.3% (DCF, example).